aelf Chart Analysis + Long-Term Chart W/ 2500% PP

4 Feb 2020

ELFBTC is moving above MA200 and you know what that means... This altcoin pair can easily produce huge gains if this level can be conquered...

For a level to be considered "conquered", prices need to move and close above-said level.
So if MA200 is sitting at 0.00000867, ELFBTC needs to close daily above this level for us to consider it "cleared/conquered".
This gives us the signal that prices want to move higher.

The RSI is super strong and the MACD allows for additional growth.

Here is the aelf (ELFBTC) Long-term Chart (Weekly)

• Here we can see prices safely trading above EMA10 now while a bullish MACD and strong RSI.
  
  
• The yellow line stands for EMA50 which is the next target on this timeframe, that would be 0.00002015 for 122% of profits... This is an easy target and will surely be hit soon.
  

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Thanks a lot for reading.

Namaste.

4 Feb 2020

Catatan